Press release
Medical Device Connectivity Market Boost the Growth of Wireless Technologies to Increase Treatment Efficiency for Integrated Healthcare Systems
Demand Analysis of Medical Device Connectivity Market Overview:Medical Device Connectivity Market is predicted to grow at a moderate CAGR of 24% during the forecast period covering 2019 to 2028. Medical Device Connectivity Market share is estimated to reach a value of nearly US$ 7.66 Billion by 2028.
The "Medical Device Connectivity Market" think about 2022, the industry landscape is secured from driving factors to upstream markets and the by and large state of the market. An in-depth examination of the by and large development prospects for the worldwide and regional market was given which was based on an in-depth investigation of key industry players, essential and secondary information.
Global medical device connectivity market is classified by product & services into medical device connectivity solutions and medical devices connectivity services. The medical device connectivity solutions segment growth is driven by growing usage of EHRs and other interoperability solutions in healthcare organizations, increasing regulatory requirements and healthcare reforms, the shift of point-of-care diagnostics from hospitals to home care settings, and the high requirement for integrated healthcare systems to enhance the quality and outcome of healthcare.
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Global medical device connectivity market is segregated by technologies into wired technologies, wireless technologies, and hybrid technologies. There is high demand for wireless technologies owing to their superior quality of healthcare like doctors can receive real-time updates about patients, enabling faster treatments. Remote patient monitoring technology is very popular which help to reduce the healthcare budget as well as treatment efficiency also remain stable. This is one of the important factors expected to boost the growth of wireless technologies segment during the forecast period.
Industry Developments-
In 2021, Koninklijke Philips N V has acquired Capsule Technologies Inc. This strategy expanded Philips' leadership in patient care management connectivity solutions.
In 2021, Masimo Corporation has developed iSirona product. It is a connectivity solution for EMR integration, surveillance monitoring, alarm management, mobile notifications, smart displays, and analytics.
Competitive and Segmentation Analysis-
As well as giving an outline of effective promoting procedures, market contributions, and later improvements of driving companies, the report moreover offers a dashboard diagram of driving companies' past and display execution. A few strategies and analyses are utilized within the inquire about report to supply in-depth and precise data approximately the Medical Device Connectivity Market.
Market Growth Reports lists out all the Medical Device Connectivity Market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market:, Cerner Corporation, Medtronic plc, Masimo, Koninklijke Philips N.V., GE Healthcare, Stryker Corporation, iHealth Labs Inc., Cisco Systems, Lantronix Inc., Infosys, and others.
Report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.
Key Segments
Global Medical Device Connectivity Market by Products & Services, 2019-2028, (In USD Million)
Medical Device Connectivity Solutions
Medical Device Integration Solutions
Interface Devices
Telemetry Systems
Connectivity Hubs
Global Medical Device Connectivity Market by Technology, 2019-2028, (In USD Million)
Wired Technologies
Wireless Technologies
Hybrid Technologies
Global Medical Device Connectivity Market by Application, 2019-2028, (In USD Million)
Vital Signs & Patient Monitors
Anesthesia Machines & Ventilators
Infusion Pumps
Other Applications Connected Devices
Global Medical Device Connectivity Market by End User, 2019-2028, (In USD Million)
Hospitals
Home Care Centers
Diagnostic & Imaging Centers
Ambulatory Care Centers
Detailed Table of Content
Introduction
Research Scope
Market Segmentation
Research Methodology and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Global Market Overview
Key Market Indicators
Emerging Market Trends
Macro and Micro Economic Factors
Production Process Analysis
Industry SWOT Analysis
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Global Medical Device Connectivity Market, by Region
North America (U.S., Canada, Mexico)- In the North American region, the United States country holds the largest market share. The high prevalence of chronic disorders, infectious diseases, surging old age population and increased expenditure on healthcare sector by government are anticipated to foster the growth of global medical devices connectivity market during the forecast period. Surging penetration of medical devices, increasing fund by manufacturers on R&D activities and increasing number of hospitals in these countries.
Europe (U.K., France, Germany, Spain, Italy, Central and Eastern Europe)
Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
Latin America (Brazil, Rest of L.A.)
Middle East and Africa (Turkey, GCC, Rest of Middle East)
Research Methodology-
Secondary research, primary research, subject matter expert assistance, quality check, and final review were the five phases of the research study on the Medical Device Connectivity Market. Market statistics and coherent models were used to assess and forecast market data. Market shares and significant trends were also taken into account when preparing the research. Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis, and Vendor Share Analysis are some of the various data models available.
Highlights of Medical Device Connectivity Market:
Market Expansion: Comprehensive information on the product portfolios of the top players in the Medical Device Connectivity Market Size.
Product Development/Innovation: Detailed insights on the upcoming technologies, R and D activities, and product launches in the market
Evaluation of Competitors: depth assessment of the market strategies, geographic and business segments of the leading players in the market
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
Diversification of the Market: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Medical Device Connectivity Market.
Reasons to Purchase this Report
The most recent market developments, market shares, and strategies implemented by the major market players
The market segment that is expected to dominate, as well as the market segment with the highest CAGR throughout the forecast period
The current and future state of the global cryogenic equipment industry in developed and emerging markets
Regions/countries expected to have the fastest growth rates at some point during the forecast period
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